AP Photo/Yuki Iwamura
Former President Donald Trump threatened the NASDAQ on Friday after the stock exchange briefly halted trading on Trump Media & Technology Group (ticker: DJT), which owns Truth Social.
It was a wild day for the stock, which jumped more than 25% after the former president said in a press conference on Friday that he is not selling his shares.
“No, I’m not selling,” he said when asked if he will sell his shares. “No, I love it.”
Trump’s declaration prompted the stock to go parabolic. Not surprisingly, NASDAQ stopped trading on the security, which is standard practice when a stock’s price experiences huge swings in one direction or another. Trading was halted twice, each for five minutes. The security was one of dozens of listings on the exchange to be halted on Friday.
In response, the ex-president went on Truth Social to express his bewilderment and to threaten the operators of the…
